Australia Polyolefin Market Size & Outlook, 2023-2030

The polyolefin market in Australia is expected to reach a projected revenue of US$ 17,343.1 million by 2030. A compound annual growth rate of 5.6% is expected of Australia polyolefin market from 2024 to 2030.
Revenue, 2023 (US$M)
$11,831.5
Forecast, 2030 (US$M)
$17,343.1
CAGR, 2024 - 2030
5.6%
Report Coverage
Australia

Australia polyolefin market highlights

  • The Australia polyolefin market generated a revenue of USD 11,831.5 million in 2023 and is expected to reach USD 17,343.1 million by 2030.
  • The Australia market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
  • In terms of segment, polyethylene (pe) was the largest revenue generating product in 2023.
  • Ethylene-Vinyl Acetate (EVA) is the most lucrative product segment registering the fastest growth during the forecast period.


Polyolefin market data book summary

Market revenue in 2023USD 11,831.5 million
Market revenue in 2030USD 17,343.1 million
Growth rate5.6% (CAGR from 2023 to 2030)
Largest segmentPolyethylene (pe)
Fastest growing segmentEthylene-Vinyl Acetate (EVA)
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolyethylene (PE), Polypropylene (PP), Ethylene-Vinyl Acetate (EVA), Thermoplastic Polyolefins (TPOs), Polyoxymethylene (POM), Polycarbonate (PC), Polymethyl Methacrylate (PMMA)
Key market players worldwideChina Petroleum & Chemical Corp Class H, LyondellBasell Industries NV Class A, PetroChina Co Ltd Class H, TotalEnergies SE, Chevron Corp, Repsol SA, Dow Inc, Exxon Mobil Corp, Braskem SA ADR, OMV AG


Other key industry trends

  • In terms of revenue, Australia accounted for 4.7% of the global polyolefin market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China polyolefin market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 41,658.0 million by 2030.

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Polyolefin Market Companies

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Australia polyolefin market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyolefin market will help companies and investors design strategic landscapes.


Polyethylene (pe) was the largest segment with a revenue share of 37.4% in 2023. Horizon Databook has segmented the Australia polyolefin market based on polyethylene (pe), polypropylene (pp), ethylene-vinyl acetate (eva), thermoplastic polyolefins (tpos), polyoxymethylene (pom), polycarbonate (pc), polymethyl methacrylate (pmma) covering the revenue growth of each sub-segment from 2018 to 2030.


Australia's ambitious infrastructure pipeline project (planned series of infrastructure development initiatives that are scheduled or expected to be carried out over a specific period) worth USD 120 billion and its focus on areas such as transportation, energy, and social infrastructure, are directly influencing the demand for polyolefins.

As Australia invests in major infrastructure projects, there is a growing need for high-quality materials like polyolefin. Polyolefins are used in construction for their robustness against harsh conditions, lightweight nature, corrosion resistance, and cost-effectiveness.

The implementation of the National Urban Policy in Australia is further fueling the growth of the polyolefin market. The policy's emphasis on sustainable urban development aligns with the use of polyolefins in construction applications.


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Horizon Databook provides a detailed overview of country-level data and insights on the Australia polyolefin market , including forecasts for subscribers. This country databook contains high-level insights into Australia polyolefin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia polyolefin market size, by product, 2018-2030 (US$M)

Australia Polyolefin Market Outlook Share, 2023 & 2030 (US$M)

Australia polyolefin market size, by product, 2018-2030 (US$M)

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